PROPERTY COUNCIL OFFICE OCCUPANCY DATA

The Property Council’s latest office occupancy survey has shown that sentiment towards returning to workplaces has rebounded, but that there is still a significant gap compared to pre-COVID levels.

In January, Brisbane’s CBD occupancy level was 63 per cent compared to a pre-COVID level of 87 per cent. Respondents also highlighted that greater flexibility would be key in encouraging a return to the office.

The Property Council is working with members and key stakeholders within the CBD on initiatives that the private sector and Government can implement to encourage workers to return to city centres.

Office occupancy by CBD

CBD

Pre-COVID

Oct 2020

Dec 2020

Jan 2021

Melbourne

94%

7%

13%

31%

Sydney

94%

40%

45%

45%

Brisbane

87%

61%

61%

63%

Canberra

90%

63%

65%

68%

Adelaide

86%

73%

68%

69%

Hobart

96%

79%

76%

80%

Perth

82%

77%

77%

66%

Darwin

85%

73%

82%

80%